Real Estate Investing in Agra, Oklahoma (74824)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74824 (Agra, OK)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 14.6% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Agra, OK (74824)?
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Market Analysis: 74824 Agra
Meanwhile, ZIP 74824 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $226K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 74824 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 74824 sits on the difficult end of the OK spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 74824 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 74824 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Agra:
Market Trends
Home Value History (with trend line)
📊 How Does 74824 Compare?
| Metric | 74824 | Agra | Oklahoma City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $225,808 | $225,808 | N/A | $214,563 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 6.9% |
| Avg Rent | $909 | $909 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74824 (Agra, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $225,808 |
| Monthly Rent | $909 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 74824
Population: 1,448
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 74824
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
What is the average home sale price in Agra, OK?
Expect median prices around $226K in Agra, OK. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
How strong are rents in Agra, OK?
The typical rental in Agra, OK commands about $909/mo monthly. That rent profile steady cash flow against the $226K purchase basis.
What is the renter demographic in Agra, OK?
Tenant quality in Agra, OK ranks as solid. Landlords generally report steady occupancy at market rents of $909/mo.
What real estate strategy is ideal for Agra, OK?
For Agra, OK, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How does Agra, OK stack up for property investment?
Agra, OK registers an investability rating of 3.0/5, with median home values near $226K and average rents around $909/mo. That combination puts it in the robust tier for investor interest.
You know 74824 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74824 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 74824 ranks in Oklahoma City, OK
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